Announced
Completed
Financials
Tags
Biotechnology
Acquisition
Netherlands
Minority
Cross Border
Friendly
Private Equity
animal genetics
Single Bidder
Private
Completed
Synopsis
Paine Schwartz Partners, a private equity firm specializing in sustainable food chain investing, completed the acquisition of a stake in Hendrix Genetics, a multi-species animal genetics and technology company, from NPM Capital, a private equity firm. Financial terms were not disclosed. "This strategic investment in Hendrix Genetics is directly aligned with our long-term thesis of identifying companies that sustainably increase productivity in the production of agriculture commodities, which is required to feed an ever-growing global population. We are pleased to be joined in this investment by co-investors who also recognize the significant value creation opportunity ahead for Hendrix Genetics and its data and technology-enabled breeding programs. We look forward to working in partnership with Thijs and Antoon to support Jolanda and the entire Hendrix Genetics team to drive the Company's next phase of growth," Kevin Schwartz, Paine Schwartz CEO.
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